Income Tax Interlinked by Rishabh Aggarwal, Mayank Agarwal Edition April 2026

Income Tax Interlinked by Rishabh Aggarwal, Mayank Agarwal Edition April 2026

About The Book

The subject of Income Tax in India has always been perceived as vast, complex, and ever-evolving. For students, professionals, and academicians alike, one of the greatest challenges lies not merely in understanding isolated provisions, but in appreciating the interconnection between the Act, the Rules, and the judicial interpretations that shape their practical application.

It was with this very objective that “Income Tax Interlinked: Act, Rules, Case Laws” was conceptualised.

This book is an attempt to present the law in a manner that is structured, comprehensive, and practically relevant. Each provision has been carefully analysed and broken down into section-wise, sub-section-wise, and rule-wise components, with clear headings and logical flow. The intention is to ensure that the reader is able to visualise the complete framework of a provision at one place, without the need to refer to multiple sources.

A special effort has been made to integrate: • The bare provisions of the Act, • The corresponding Rules, and • The relevant judicial pronouncements,

so that the reader develops not only conceptual clarity but also an understanding of how the law is interpreted and applied in real-life situations.

Content of the Book is as follows –

CHAPTER I

PRELIMINARY

CHAPTER II

BASIS OF CHARGE

CHAPTER III

INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME

A.—Incomes not to be included in total income

B.—Incomes not to be included in total income of political parties and electoral trusts

CHAPTER IV

COMPUTATION OF TOTAL INCOME

A.—Heads of income

B.—Salaries

C.—Income from house property

D.—Profits and gains of business or profession

E.—Capital gains

F.—Income from other sources

CHAPTER V

INCOME OF OTHER PERSONS INCLUDED IN TOTAL INCOME OF ASSESSEE

CHAPTER VI

AGGREGATION OF INCOME

CHAPTER VII

SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES

CHAPTER VIII

DEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME

A.—General

B.—Deductions in respect of certain payments

C.—Deductions in respect of certain incomes

D.—Deductions in respect of other incomes

E.—Other deductions

CHAPTER IX

REBATES AND RELIEFS

A.—Rebates and reliefs

B.—Double taxation relief

CHAPTER X

SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX

CHAPTER XI

GENERAL ANTI-AVOIDANCE RULE

CHAPTER XII

MODE OF PAYMENT IN CERTAIN CASES, ETC.

CHAPTER XIII

DETERMINATION OF TAX IN SPECIAL CASES

A.—Determination of tax in certain special cases

B.—Special provisions relating to tax on capital gains

C.—New tax regime

D.—Special provisions relating to minimum alternate tax and  alternate minimum

E.—Special provisions relating to non-residents and foreign companies

F.—Special provisions relating to pass-through entities

G.—Special provisions relating to income of shipping companies

CHAPTER XIV

TAX ADMINISTRATION

A.—Authorities, jurisdiction and functions

B.—Powers

CHAPTER XV

RETURN OF INCOME

A.—Allotment of Permanent Account Number

CHAPTER XVI

PROCEDURE FOR ASSESSMENT

A.—Procedure for assessment

B.—Special procedure for assessment of search cases

CHAPTER XVII

SPECIAL PROVISIONS RELATING TO  CERTAIN PERSONS

A.—Association of persons, firm, Hindu undivided family, etc.

B.—Special provisions for registered non-profit organisation

CHAPTER XVIII

APPEALS, REVISIONS AND ALTERNATE DISPUTE RESOLUTIONS

A.—Appeals

B.—Special provisions for avoiding repetitive appeals

C.—Revision by the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner

D.—Alternate Dispute Resolutions

CHAPTER XIX

COLLECTION AND RECOVERY OF TAX

A.—General

B.—Deduction and collection at source

C.—Advance payment of tax

D.—Collection and Recovery